Carbon Fund acquires units, updates NTA

The Carbon Fund announced on September 15, 2025, the acquisition of 27,703 CO2 units for NZD 39,609.75, at an acquisition price of 1.4298. These units represent 0.1047% of the total units on issue and will be held as treasury stock. Following this acquisition, the total number of fully paid ordinary units in existence, excluding treasury stock, stands at 26,467,427.

On the same date, Salt Investment Funds Limited, manager of the Carbon Fund, reported the Carbon Fund's Units on Issue as 26,467,427 with a Net Tangible Assets (NTA) of 1.7107 as of September 12, 2025. The Carbon Fund's objective is to offer investors total return exposure to carbon credit prices, acquiring and holding carbon credits within the NZ Emissions Trading Scheme.

Salt Funds Management Limited, an award-winning firm with approximately NZD 2 billion in funds under management, manages the Carbon Fund. Salt specialises in managing New Zealand and Australian listed equity and property portfolios.